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4169 Central Ave

San Diego, CA 92105
  • $2,950,000
  • STATUS: ACTIVE
  • ON SITE: 56 Days
  • ID#: 240004077
$2,950,000
  • 3
    BEDS
  • 0.23
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to an exceptional investment opportunity directly across from Teralta Neighborhood Park. This property features 9 charming units offering a great unit mix, including individual bungalows and two 2-bedroom, 2-bathroom units. Each unit is separately metered. The current owner has invested over $350,000 in renovations, including hardwood flooring, updated kitchen and bathrooms, granite counters, newer appliances, cabinetry, HVAC systems, and tankless water heaters. All units are equipped with Ring doorbells, ensuring security and convenience for tenants. Don't miss out on this opportunity to invest in a well-maintained property with a strong rental history and promising income potential. Centrally located with easy access to I-15 and I-805, the property offers a short distance to vibrant neighborhoods such as North Park, Kensington, Mission Valley, and Downtown San Diego.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/147909995
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4169 Central Ave San Diego, CA 92105

  • Price: $2,950,000
  • Status: ACTIVE
  • On Site: 56 Days
  • ID#: 240004077
3
Beds
3
Baths
0
½ Baths
0.23
Acres
Neighborhood:
East San Diego (92105)
County:
San Diego
Area:
East San Diego (92105)
Property Description
Welcome to an exceptional investment opportunity directly across from Teralta Neighborhood Park. This property features 9 charming units offering a great unit mix, including individual bungalows and two 2-bedroom, 2-bathroom units. Each unit is separately metered. The current owner has invested over $350,000 in renovations, including hardwood flooring, updated kitchen and bathrooms, granite counters, newer appliances, cabinetry, HVAC systems, and tankless water heaters. All units are equipped with Ring doorbells, ensuring security and convenience for tenants. Don't miss out on this opportunity to invest in a well-maintained property with a strong rental history and promising income potential. Centrally located with easy access to I-15 and I-805, the property offers a short distance to vibrant neighborhoods such as North Park, Kensington, Mission Valley, and Downtown San Diego.
Interior Features

Sq Ft Of Improvement 4158

Property Features

Actual Gross Scheduled Income 187188.0 Actual Operating Expense 40776 Assumable Finance 0 Buildings 5 Gross Equity 1517000 Gross Multiplier 15.7 Have Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want 1031 Unit Number1 7 Unit Number2 2 Unit Rent Total1 10255 Unit Rent Total2 4304 Unit Rent1 1465 Unit Rent2 2152 Zoning R-4:MULTIP

San Diego MLS logo Listing provided courtesy of Rick Sauer of eXp Realty of Southern California, Inc.: 858-414-0977. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team
516 5th Avenue
San Diego CA, 92101